Annual submission of CRA Data

Posted By: PennyLane

Annual submission of CRA Data - 02/10/10 09:08 PM

Forgive me I'm new and learning! This may not be an appropriate question for here, but I'm grasping at straws.

If we have optional CRA data (Home Equity etc) that we input into our CRA software, we still submit ALL the data we collected for the year not just the required reportable types such as Small Business, Small Farm and CD if we have any, correct? OR do we only submit the mandatory/required types?

Thanks for your patience!
Posted By: Kelsey D

Re: Annual submission of CRA Data - 02/10/10 09:27 PM

You only submit small business and small farm data.
Posted By: Kathleen O. Blanchard

Re: Annual submission of CRA Data - 02/10/10 09:43 PM

And for small business it is type 1 only that is submitted. Type 3 is held for the exam.

Submit types 1 and 2 only, as well as data on community development loans, of course.